                                 CODE OF VIRGINIA

UNINSURED MEDICAL CATASTROPHE FUND ESTABLISHED (§ 32.1-324.3)

A. There is hereby created in the state treasury a special nonreverting fund to
be known as the Uninsured Medical Catastrophe Fund, hereafter referred to as
&#8220;the Fund.&#8221; The Fund shall be established on the books of the
Comptroller. All contributions from income tax refunds and any other source
shall be paid into the state treasury and credited to the Fund. Interest earned
on moneys in the Fund shall remain in the Fund and be credited to it. Any moneys
remaining in the Fund, including interest thereon, at the end of each fiscal
year shall not revert to the general fund but shall remain in the Fund.

B. Moneys in the Fund shall be used solely for the purposes of providing a
source of payment for medical treatment of uninsured medical catastrophes. An
uninsured medical catastrophe shall include a life-threatening illness or injury
requiring specialized medical treatment, hospitalization, or both. The Board
shall promulgate regulations that (i) further define an uninsured medical
catastrophe, (ii) establish procedures for distribution of moneys in the Fund to
pay for the costs of treating uninsured medical catastrophes, (iii) establish
application procedures, and (iv) establish criteria for eligibility for
assistance from the Fund and the prioritization and allocation of available
moneys among applicants for assistance from the Fund.

C. Expenditures and disbursements from the Fund shall be made by the State
Treasurer on warrants issued by the Comptroller upon written request signed by
the Director of Medical Assistance Services.

HISTORY: 1999, c. 998.